Latest news with #Credit
Time of India
5 hours ago
- Business
- Time of India
Sunteck Realty inks joint development pact for Rs 1,200 cr project in Mira Road
Realty developer Sunteck Realty has entered into a joint development agreement to develop a land parcel spread over 3.5 acres in Mira Road near Mumbai. The plot on Western Express Highway has development potential of 550,000 sq ft carpet area with estimated gross development value of Rs 1,200 crore. This will be the company's second project in this micro market as it is already developing another 7-acre land parcel, which has a total development and revenue potential of 2 million sq ft and Rs 2,750 crore, respectively. "This joint development agreement reinforces our commitment to expanding in high-potential growth corridors of Mumbai Metropolitan Region,' said Kamal Khetan, Chairman and Managing Director of Sunteck Realty. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like No annual fees for life UnionBank Credit Card Apply Now Undo The company recently reported a 31% year-on-year increase in pre-sales for the first quarter of 2025–26, reaching Rs 657 crore. Collections during the quarter stood at around Rs 351 crore. The listed company's operating profit for the quarter rose 52% year-on-year to Rs 48 crore, while net income increased 47% to Rs 33 crore. Sunteck Realty focuses on a city-centric development portfolio of over 52.5 million sq ft spread across 32 projects. Live Events
Scotsman
7 hours ago
- Business
- Scotsman
7 of the most overlooked ways over-60s can cut weekly bills
These tips could uncover hidden help and ease the squeeze if you're struggling with costs 🧾 Sign up to the weekly Cost Of Living newsletter. Saving tips, deals and money hacks. Sign up Thank you for signing up! Did you know with a Digital Subscription to Edinburgh News, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... Many over-60s are unaware of support that could ease weekly financial pressure Forgotten schemes and habits can add up to big annual savings A few simple checks may reveal hidden entitlements Small changes can make a noticeable difference to everyday costs This guide highlights often-missed ways to reduce outgoings later in life With the cost of living still biting hard, older people across the UK are increasingly looking for ways to cut costs and ease the pressure on their weekly outgoings. The good news? There are plenty of schemes, discounts, and overlooked habits that can help reduce bills - especially if you're aged 60 or over. Advertisement Hide Ad Advertisement Hide Ad From hidden benefits to everyday tips, here's a guide to some of the things often forgotten about that could make a real difference to your finances. A single change might save you just £5 a week, but stack a few together and you could end up with hundreds of pounds extra each year. (Photo: Pexels) | Pexels Pension Credit One of the most underclaimed benefits in the UK is Pension Credit. Around 850,000 eligible households miss out on it each year. If you're over State Pension age and on a low income, this top-up can boost your weekly income and unlock additional help, such as: Advertisement Hide Ad Advertisement Hide Ad A free TV licence (if you're 75 or over) Council Tax reductions Help with NHS costs Warm Home Discount Housing Benefit (if renting) It's worth checking even if you own your home or have savings—eligibility is more flexible than many people realise. You can check and apply via the website or by calling the Pension Credit claim line (0800 99 1234). Council Tax reduction Many over-60s pay too much Council Tax without realising they may be entitled to a discount. You could be eligible for a reduction if: You live alone (Single Person Discount) You're on a low income or receive benefits You or someone you live with has a disability You care for someone in the household You live with someone who is severely mentally impaired (and they may be 'disregarded' for Council Tax purposes) Each council has its own scheme, so check with your local authority - even small reductions can save you hundreds over the course of a year. Advertisement Hide Ad Advertisement Hide Ad Senior Railcard and bus pass Transport is a weekly cost that adds up quickly. If you're 60 or over, don't forget: Senior Railcard: Costs £30 a year and gets you 1/3 off most rail fares. Over time, it can pay for itself many times over. Costs £30 a year and gets you 1/3 off most rail fares. Over time, it can pay for itself many times over. Free bus pass: Available to those over 60 in Wales, Scotland, and Northern Ireland, and to people of State Pension age in England. It's valid for local bus travel, and in some areas, it can also be used on trams or trains. It's not just about leisure trips - using your bus pass for errands or appointments can chip away at weekly fuel or fare costs. Warm Home Discount and Winter Fuel Payments Older people often worry about the cost of keeping warm in winter. Two key supports can help: Winter Fuel Payment: Available to most people born before 25 September 1957 (for winter 2024/25). It's automatic if you claim certain benefits like Pension Credit (see above) Available to most people born before 25 September 1957 (for winter 2024/25). It's automatic if you claim certain benefits like Pension Credit (see above) Warm Home Discount: A one-off discount on your electricity bill (around £150) between October and March. You'll usually qualify automatically if you get Pension Credit, but some suppliers have broader criteria - so check with yours. Also check if your energy supplier offers a priority services register - this may give you extra support, including advance notice of power cuts or meter readings if you have mobility issues. Advertisement Hide Ad Advertisement Hide Ad Switch to social tariffs for broadband and mobile If you're receiving Pension Credit or certain other benefits, you could qualify for a social tariff for broadband and phone services. These offer fast internet and mobile plans at heavily discounted prices - some from as little as £10–£20 per month. Major providers like BT, Virgin Media, and Sky now offer these deals, but they rarely advertise them, so you'll need to ask. Even if you're not on benefits, it's worth calling your provider and asking for a cheaper deal or matching a competitor's rate. Water bill help and free home upgrades Water companies across the UK offer discounts for low-income households and those with medical conditions that require more water use. This includes: WaterSure: A cap on bills if you use a water meter and have high essential usage Social tariffs: Localised schemes offering reduced bills - check with your supplier Plus, some older homeowners can access free home energy upgrades like insulation, new boilers, or draft-proofing through local authority schemes or the Great British Insulation Scheme. Advertisement Hide Ad Advertisement Hide Ad Use of discount cards and store loyalty schemes If you regularly shop in-store, don't overlook the discounts available to older people: Boots Over-60s Rewards: Extra Advantage Card points on health products Extra Advantage Card points on health products Specsavers Over-60s Discount: 20% off glasses (in most locations) 20% off glasses (in most locations) Supermarket loyalty apps (like Tesco Clubcard, Nectar, or My Morrisons): These often have exclusive lower prices for users You can also sign up to apps like Too Good To Go, which offers discounted food that would otherwise be thrown out. It's an easy way to save money while helping reduce waste. Are you struggling to make ends meet as costs continue to rise? You can now send your stories to us online via YourWorld at It's free to use and, once checked, your story will appear on our website and, space allowing, in our newspapers.
Daily Mirror
7 hours ago
- Daily Mirror
DWP strict guidelines on holidays outside the UK for 1.4 million claimants
The Department for Work and Pensions (DWP) has guidance for anyone in receipt of a specific benefit who is planning a holiday this year as they could face penalties Pension Credit recipients planning a getaway this year could find themselves at risk of penalties. More than 1.4 million older Brits across Great Britain are currently on Pension Credit, a benefit delivering an average £4,300 annually in extra financial lifeline for over-66s struggling on low incomes. This means-tested support also unlocks Council Tax reductions and assistance with energy costs, including access to the Warm Home Discount Scheme. Yet recipients may be unaware they must alert the Department for Work and Pensions (DWP) before travelling beyond mainland Britain - no matter how brief their trip, reports the Daily Record. Reporting a holiday to the DWP Official guidance states you must contact the DWP "if you're going to leave Great Britain for any reason at all, even if you'll only be away for a short time. This includes if you go to Northern Ireland, the Isle of Man or the Channel Islands". This official guidance online came as they addressed this question: "Can I leave Great Britain and keep getting Pension Credit?" The complete DWP response explains: "We may pay Pension Credit for up to four weeks while you're temporarily away from Great Britain and we may pay for up to 8 weeks if the absence is in connection with a death. "If the absence is solely in connection with medical treatment or medically approved convalescence, we may pay Pension Credit for up to 26 weeks. "But you should tell us before you go if you're going to leave Great Britain for any reason at all, even if you'll only be away for a short time. This includes if you go to Northern Ireland, the Isle of Man or the Channel Islands." Full details on how to report a change in circumstance can be found on here. Latest figures from the DWP show that there are 760,000 people who could claim Pension Credit but haven't yet done so, despite being eligible. A common misconception among pensioners is that having savings or owning property automatically disqualifies them from this means-tested benefit. However, even a minimal award of £1 weekly can open doors to additional financial assistance. Who is eligible for Pension Credit? Pension Credit comes in two parts - Guarantee Credit and Savings Credit. To qualify for Guarantee Pension Credit, you must have reached State Pension age, which is currently 66. Your weekly income also needs to be below the minimum amount the UK Government considers necessary for living. This stands at £227.10 for a single person and £346.60 for a couple. These figures could be higher if you're disabled, a carer or have certain housing costs. Savings Credit is only available if you reached State Pension age before April 6, 2016, or if you have a partner who reached State Pension age before this date and was already receiving it. How to determine eligibility for Pension Credit Elderly people, or their friends and family, can quickly check eligibility and get an estimate of potential benefits using the online Pension Credit calculator on here. Alternatively, pensioners can contact the Pension Credit helpline directly to make a claim on 0800 99 1234 - lines are open from 8am to 6pm, Monday to Friday. More details about claiming Pension Credit can be found on here.
India Today
9 hours ago
- Business
- India Today
From aspiration to achievement: Paytm's operational discipline powers profitability
India's leading full-stack merchant payments platform, Paytm, has received a significant vote of confidence from Dolat Capital, which has raised the stock's target price to Rs 1,400, up from Rs 1,200, while maintaining a strong 'Buy' new stock pricing implies that the Noida-based firm will be valued at 63-times of FY27-ended earnings. This revised valuation reflects the brokerage's positive view of Paytm's structural profitability journey, operating leverage, and robust performance in its core business revenue traction led by perfect operational execution amid cost optimisation initiatives was creditable. We believe that improvements in the credit cycle, sustained merchant additions, and the revival of 'Rent on Credit Card (CC)' will act as key growth levers,' said the analyst firm. Dolat Capital added that Q1FY26 marked the first quarter of profitability at both the EBITDA and PAT levels, achieved without any one-off elements or gains, underscoring the quality and sustainability of the analyst firm highlighted Paytm's efficient execution and disciplined cost control as key drivers behind its solid revenue momentum. It sees additional upside from improving loan market conditions, ongoing merchant acquisition, and renewed traction in credit card-based rent payments.'We believe that improvements in the credit cycle, sustained merchant additions, and the revival of 'Rent on CC' will act as key growth levers,' noted the brokerage Q1FY26, Paytm reported a PAT of Rs 123 crore and EBITDA of Rs 72crore, respectively. The company's operating revenue rose 28% YoY to Rs 1,918crore while the contribution profit increased 52% YoY to Rs 1,151 Cr with the contribution margin improving to 60%.Financial Services revenue grew 100% YoY to Rs 561 Cr, driven by continued expansion in merchant loans, trail revenue from Default Loss Guarantee (DLG) portfolio, and improved collection performance.- Ends
Scotsman
9 hours ago
- Business
- Scotsman
7 of the most overlooked ways over-60s can cut weekly bills
These tips could uncover hidden help and ease the squeeze if you're struggling with costs 🧾 Sign up to the weekly Cost Of Living newsletter. Saving tips, deals and money hacks. Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... Many over-60s are unaware of support that could ease weekly financial pressure Forgotten schemes and habits can add up to big annual savings A few simple checks may reveal hidden entitlements Small changes can make a noticeable difference to everyday costs This guide highlights often-missed ways to reduce outgoings later in life With the cost of living still biting hard, older people across the UK are increasingly looking for ways to cut costs and ease the pressure on their weekly outgoings. The good news? There are plenty of schemes, discounts, and overlooked habits that can help reduce bills - especially if you're aged 60 or over. Advertisement Hide Ad Advertisement Hide Ad From hidden benefits to everyday tips, here's a guide to some of the things often forgotten about that could make a real difference to your finances. A single change might save you just £5 a week, but stack a few together and you could end up with hundreds of pounds extra each year. (Photo: Pexels) | Pexels Pension Credit One of the most underclaimed benefits in the UK is Pension Credit. Around 850,000 eligible households miss out on it each year. If you're over State Pension age and on a low income, this top-up can boost your weekly income and unlock additional help, such as: Advertisement Hide Ad Advertisement Hide Ad A free TV licence (if you're 75 or over) Council Tax reductions Help with NHS costs Warm Home Discount Housing Benefit (if renting) It's worth checking even if you own your home or have savings—eligibility is more flexible than many people realise. You can check and apply via the website or by calling the Pension Credit claim line (0800 99 1234). Council Tax reduction Many over-60s pay too much Council Tax without realising they may be entitled to a discount. You could be eligible for a reduction if: You live alone (Single Person Discount) You're on a low income or receive benefits You or someone you live with has a disability You care for someone in the household You live with someone who is severely mentally impaired (and they may be 'disregarded' for Council Tax purposes) Each council has its own scheme, so check with your local authority - even small reductions can save you hundreds over the course of a year. Advertisement Hide Ad Advertisement Hide Ad Senior Railcard and bus pass Transport is a weekly cost that adds up quickly. If you're 60 or over, don't forget: Senior Railcard: Costs £30 a year and gets you 1/3 off most rail fares. Over time, it can pay for itself many times over. Costs £30 a year and gets you 1/3 off most rail fares. Over time, it can pay for itself many times over. Free bus pass: Available to those over 60 in Wales, Scotland, and Northern Ireland, and to people of State Pension age in England. It's valid for local bus travel, and in some areas, it can also be used on trams or trains. It's not just about leisure trips - using your bus pass for errands or appointments can chip away at weekly fuel or fare costs. Warm Home Discount and Winter Fuel Payments Older people often worry about the cost of keeping warm in winter. Two key supports can help: Winter Fuel Payment: Available to most people born before 25 September 1957 (for winter 2024/25). It's automatic if you claim certain benefits like Pension Credit (see above) Available to most people born before 25 September 1957 (for winter 2024/25). It's automatic if you claim certain benefits like Pension Credit (see above) Warm Home Discount: A one-off discount on your electricity bill (around £150) between October and March. You'll usually qualify automatically if you get Pension Credit, but some suppliers have broader criteria - so check with yours. Also check if your energy supplier offers a priority services register - this may give you extra support, including advance notice of power cuts or meter readings if you have mobility issues. Advertisement Hide Ad Advertisement Hide Ad Switch to social tariffs for broadband and mobile If you're receiving Pension Credit or certain other benefits, you could qualify for a social tariff for broadband and phone services. These offer fast internet and mobile plans at heavily discounted prices - some from as little as £10–£20 per month. Major providers like BT, Virgin Media, and Sky now offer these deals, but they rarely advertise them, so you'll need to ask. Even if you're not on benefits, it's worth calling your provider and asking for a cheaper deal or matching a competitor's rate. Water bill help and free home upgrades Water companies across the UK offer discounts for low-income households and those with medical conditions that require more water use. This includes: WaterSure: A cap on bills if you use a water meter and have high essential usage Social tariffs: Localised schemes offering reduced bills - check with your supplier Plus, some older homeowners can access free home energy upgrades like insulation, new boilers, or draft-proofing through local authority schemes or the Great British Insulation Scheme. Advertisement Hide Ad Advertisement Hide Ad Use of discount cards and store loyalty schemes If you regularly shop in-store, don't overlook the discounts available to older people: Boots Over-60s Rewards: Extra Advantage Card points on health products Extra Advantage Card points on health products Specsavers Over-60s Discount: 20% off glasses (in most locations) 20% off glasses (in most locations) Supermarket loyalty apps (like Tesco Clubcard, Nectar, or My Morrisons): These often have exclusive lower prices for users You can also sign up to apps like Too Good To Go, which offers discounted food that would otherwise be thrown out. It's an easy way to save money while helping reduce waste.
